Gatesway Foundation, Inc.
How we got $12.6M
Based on IRS Form 990 (2025).
Employees over time
▼ 30% since 2020Show as table
| Year | Source | Employees | Est. revenue |
|---|---|---|---|
| 2020 | PPP loan | 205 | $16.3M |
| 2020 | Form 5500 | 197 | $15.7M |
| 2021 | Form 5500 | 137 | $10.9M |
| 2022 | Form 5500 | 130 | $10.3M |
| 2023 | Form 5500 | 138 | $11.0M |
| 2024 | Form 5500 | 143 | $11.4M |
Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.
What we know
What they do
Gatesway Foundation empowers adults with intellectual and developmental disabilities (I/DD) to live, work, and thrive through safe housing, meaningful employment, life skills training, and compassionate care. It has operated since 1963.
From the company's website. Industry: Nursing Care Facilities (Skilled Nursing Facilities).
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| GATESWAY FOUNDATION, INC. this business | $12.6M | — |
| BROKEN ARROW NURSING HOME Broken Arrow · 77 employees | $10.6M | 1.3 mi |
| SENIOR CITIZENS NURSING CENTER, INC. Broken Arrow · 67 employees | $7.7M | 1.4 mi |
| Aspen Health and Rehab Broken Arrow | $3.7M | 1.8 mi |
| DAVIS HEALTH & REHABILITATION, LLC Broken Arrow · 66 employees | $10.0M | 1.8 mi |
| GOLDEN RULE SENIOR PROPERTIES LLC Broken Arrow · 68 employees | $10.0M | 1.8 mi |
| INOLA HEALTH & REHABILITATION, LLC Broken Arrow · 69 employees | $10.0M | 1.8 mi |
The full calculation
Calibrated: revenue lowered to 71% of the industry-average estimate, to match what businesses in this industry actually report.
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
These are the business's own reported figures, from its IRS Form 990 filing, not an estimate. EBITDA applies the industry margin to reported revenue.
| Revenue range | $12.0M – $13.2M |
| EBITDA range | $622K – $687K |
| Industry (NAICS) | Nursing Care Facilities (Skilled Nursing Facilities) (623110) |
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
History & advisors
Advisors
- AccountingConklin Gilpin & Wertz PLLCAudits its 401(k) plan (2022 filing)
- BankingAVB BankPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| AVB Bank PPP 2020 | All 309 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 4/6/2020 | first | $1.3M | 205 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Gatesway Foundation, Inc.
Gatesway Foundation, Inc. is a nursing care facilities (skilled nursing facilities) company in Broken Arrow, Oklahoma, in business since 1963. It is owned by Helen Gates (Founder). Its reported annual revenue is about $12.6M, with roughly $655K of EBITDA. It has about 143 employees.
Common questions
- Who owns Gatesway Foundation, Inc.?
- Gatesway Foundation, Inc. is owned by Helen Gates (Founder), according to public sources such as the company's website or filings.
- How much revenue does Gatesway Foundation, Inc. make?
- Gatesway Foundation, Inc. reported revenue of about $12.6M.
- How many employees does Gatesway Foundation, Inc. have?
- About 143, from its 2024 retirement-plan filing.
- When was Gatesway Foundation, Inc. founded?
- Gatesway Foundation, Inc. has been in business since 1963.